GM reports better-than-expected first-quarter results, wherein sales and revenues increase year over year.
General Motors (GM) came out with quarterly earnings of $2.78 per share, beating the Zacks Consensus Estimate of $2.69 per share. This compares to earnings of $2.62 per share a year ago.
GM said Tuesday it is recalling nearly 600,000 SUVs and trucks in the United States because of engine issues.
CNBC's Phil LeBeau reports on the company's quarterly earnings results.
General Motors (GM) on Tuesday reported better first-quarter results than analysts had expected, but postponed earnings call by two days amid uncertainty about auto tariffs.
General Motors is set to report its first-quarter earnings before the bell Tuesday. Wall Street analysts expect adjusted earnings per share of $2.74 and revenue of $43.05 billion.
Cathay General Bancorp faces stagnation with a high loan-to-deposit ratio and limited flexibility, but its tangible book value justifies a hold rating. Loan growth is constrained, and average loan yields are declining, but deposit costs are decreasing, offering some hope for future performance. Heavy exposure to CRE loans increases risk, but prudent LTV ratios and low net charge-offs indicate high creditworthiness.
General Dynamics reported strong Q1 results with 14% revenue growth, driven by a 45% increase in aerospace sales and significant margin expansion. Despite the initial stock decline, General Dynamics outperformed the S&P 500 with a 5.7% increase since my last update. The company maintained its revenue outlook and is fairly valued, with a price target of $309.33 for FY2026, indicating a 14% upside.
General Motors GM is slated to release first-quarter 2025 results on April 29, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter's earnings and revenues is pegged at $2.66 per share and $42.37 billion, respectively.
General Motors (GM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Evaluate the expected performance of General Motors (GM) for the quarter ended March 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
General Motors (GM) reachead $45.84 at the closing of the latest trading day, reflecting a +1.51% change compared to its last close.